Portland Area Electrical Contractor
Location: Oregon > Portland Area
Industry: Building and Const. Services > Construction Sub-Contractors
Financials
Asking Price: $1,170,000
Gross Revenue: $2,250,000
Cash Flow: $376,000
Inventory: $100,000 (Included in Asking Price)
FF&E: $185,000 (Included in Asking Price)
Seller Financing: Seller prefers cash, but will consider if lender requires.
Business Summary
Since the late 1990’s, this electrical contractor has primarily served commercial and industrial (including process control) customers in the Portland metro area. Secondarily they also service the residential market, though not a constant focus.
With constant growth over the past 9 years, this non-union shop has grown to 15+ employees, including: electricians (the majority of which are journeyman), estimators and office staff. As electrical contractors, they pride themselves on solid relationships followed by perfect service. They consistently provide design/cost options for commercial, industrial and large residential projects, within specifications. The team is skilled at working within the regulations and requirements of local utilities, Oregon’s electrical code, local building departments and their inspectors. By working with the client during early stages of conceptualizing a project, they often can save them money by avoiding mistakes that must be reworked later.
The focus in growing the company has been to hire employees who can live and work by the Seller’s strong work ethic and customer oriented ideals. As the workload increased a culture was created to focus on well-planned and cost effective electrical installations. This culture has now turned into a reputation, and one that is not dependent solely on the owner.
Operating from a meticulously organized approx. 4,500 SF warehouse, they are ideally located with access to I-205 and I-5 to travel most anywhere in the Portland Area.
With constant growth over the past 9 years, this non-union shop has grown to 15+ employees, including: electricians (the majority of which are journeyman), estimators and office staff. As electrical contractors, they pride themselves on solid relationships followed by perfect service. They consistently provide design/cost options for commercial, industrial and large residential projects, within specifications. The team is skilled at working within the regulations and requirements of local utilities, Oregon’s electrical code, local building departments and their inspectors. By working with the client during early stages of conceptualizing a project, they often can save them money by avoiding mistakes that must be reworked later.
The focus in growing the company has been to hire employees who can live and work by the Seller’s strong work ethic and customer oriented ideals. As the workload increased a culture was created to focus on well-planned and cost effective electrical installations. This culture has now turned into a reputation, and one that is not dependent solely on the owner.
Operating from a meticulously organized approx. 4,500 SF warehouse, they are ideally located with access to I-205 and I-5 to travel most anywhere in the Portland Area.
About the Business
Year Established: 1998
Employees: 15 full time -
About the Sale
Management Training and Support: Negotiable depending on experience of the Buyer.
Reason For Selling: The Seller has achieved what he set out to do...build a successful electrical contracting business. At this point he is looking forward to the next challenge. in his own words, "I have kids at home yet for a few years, I really want to focus on my family while I still have time."
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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